Holli
01-13 12:11

Gold often performs well when there’s uncertainty or stress in global markets

Gold Hits $4,600 — Goldman Sachs Sees $6,000. Do You Agree?
Gold surged to a fresh record near $4,600 amid escalating geopolitical tensions, reinforcing its role as the market’s ultimate hedge. While earlier institutional forecasts pointed to $5,000 gold in 2026, a recent annual survey by Goldman Sachs signals a more dramatic shift: U.S. equities losing favor, the Mag 7 underperforming, and geopolitics emerging as the biggest “gray rhino” risk. In that context, GS is eyeing a $6,000 upside scenario. With gold already at record highs, is the move driven by fundamentals or fear positioning? Can gold realistically reach $6,000 by 2026?
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